We recommend enabling automated updates to let HMRC handle tax code updates and student loan changes, and notify us about them. Changing an employee’s tax code will affect how much tax is deducted from their pay.
Faster Payments
These are generally processed immediately and the money will arrive in your account within minutes. Some banks can take up to two hours to process Faster Payments so they might take longer to arrive.
Bacs
If you’re expecting a Bacs transfer, it will take up to three days for the money to arrive in your account.
CHAPS
CHAPS stands for Clearing House Automated Payment System. These payments are usually for high-value transactions like buying a property or car. When we receive a CHAPS payment before 3pm, it will arrive in your account on the same working day between 4:10pm and 7:10pm.
Any CHAPS payments received after 3pm will arrive in your account after 4.10pm on the next working day.HMRC Online and go to:
If you're expecting a payment and the money hasn't arrived within these timescales, let us know and we'll do our best to help. In the app, go to Support to send us a message.
The change will take effect immediately. Any paper notices received before the automation must be updated manually.
To ensure employees are taxed correctly, we’ll never change or reject HMRC’s tax codes.
If you still need to change a tax code manually, log in to Tide on the web and click on:
Admin > View Team > select an employee > Work & Pay > Tax > Update.
If you or your employee disagree with a tax code or need clarification, please contact HMRC directly.
See more about Tax Codes here.
How do I see HMRC notifications in Tide Payroll?
Click on: Admin > Payroll > Settings > See messages from HMRC, and you’ll see a list of notifications, sorted by pay run.
Normally, the HMRC sends tax notifications on the 10th of each month.
